Ok, so in taking a look at the CBO document a couple of points are worth mentioning.
First the report’s main conclusion that a carbon tax is five times more efficient than cap and trade is based on a policy comparison that is unreal. Essentially the inflexible option compared is unlike any cap [...]
The CBO report (see my last post) has a number of folks talking. But I like this reaction, (here)
Good Climate Policy, Bad Politics.
A new report from the Congressional Budget Office confirms one of the most depressing facts about climate change: The best policy is the one that’s going nowhere in Washington.
The CBO report [...]
The US Congressional Budget Office has just released a report that argues that a cap and trade system is much less efficient than a tax. Download the report here (02-12-carbon.pdf) and see coverage by the Wall Street journal (Here).
At first glance it seems we have an apples and oranges issues where the reductions are [...]
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